CEO: PureCircle cash flow positive in first half for the first time

Magomet Malsagov, chief executive of PureCircle (LON:PURE), says the natural sweetener provider was cash flow positive during the first half of its fiscal year for the first time.

Malsagov believes this is “largely to do with the fact that our margins have increased significantly”, while health-conscious consumers have also driven demand further.

He adds that this milestone is particularly impressive given that sales are usually skewed towards the second half of the year and sees the firm pushing on from this and continuing to grow over the next three years.

PureCircle is the world's leading producer of high-purity stevia ingredients for the global food and beverage industry. Its mission is to encourage healthier diets around the world through the supply of natural ingredients to the global food and beverage...

PureCircle is the world's leading producer of high-purity stevia ingredients for the global food and beverage industry. Its mission is to encourage healthier diets around the world through the supply of natural ingredients to the global food and beverage industry. Its vision is to lead the global expansion of stevia as the next mass volume, natural-origin sweetener. PureCircle has offices around the world with the global headquarters in Kuala Lumpur, Malaysia. The Business was founded in 2002. PureCircle’s shares are listed on the main market of London Stock Exchange and trades under the ticker symbol PURE. For more information, visit: www.purecircle.com